Single Touch Payroll reporting starts from 1 July 2018 for employers with 20 or more employees. To ensure you are ready there are things you need to start addressing now!

To find out if you need to be ready by 1 July 2018 you need to do a headcount of the employees you have on your payroll on 1 April 2018.

To find out how to count your employees correctly Click Here.

If you have 20 or more employees on that date you will be classified as a ‘substantial employer’ and you will need to report through Single Touch Payroll from July 1 2018.

How these changes may affect you:

  • You will need to review your existing software to ensure it will be ready for Single Touch Payroll reporting
  • If you don’t currently have a Payroll solution you will need to choose a Payroll solution that is Single Touch Payroll enabled and that suits your business – we can help!

How Davidsons can help you with single touch payroll

Book an appointment with our payroll specialists

Our team of payroll specialists are here to support you by discussing and reviewing your current payroll situation, discussing your future requirements and helping you choose the right software, either virtually or at our Geelong or Torquay offices.  

Contact our team by completing an enquiry form, calling us on 03 5221 6399 or emailing via info@davidsons.com.au

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Disclaimer: The information provided in this article is factual in nature and objectively ascertainable and, therefore, does not constitute financial product advice. Importantly, the factual information that has been supplied does not take into account your personal circumstances, objectives or goals.